419 North Road,
Ormond, VIC 3204
Development Sites & Land
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Key property information
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Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
419 North Road
Ormond, VIC 3204
Detailed listing
Map of 419 North Road
Permit Approved Ormond Corner
- High Profile 91m* Corner Frontage
- Endorsed Plans for 14 Townhouses
- Walking Distance to Retail & Transport
Savills is delighted to offer for sale this exceptional permit approved townhouse site located at 419 North Road, Ormond. This property presents an exceptional opportunity to deliver a luxury townhouse project within one of Melbourne’s premier suburbs.
Key attributes of this opportunity are:
• Large 2,044sq m* corner landholding
• Extensive combined street frontage of 91 metres*
• General Residential Zone 1
• Approved permit and endorsed plans for 14 luxury townhouses
• High quality townhouse product with no basement and large private open spaces
• Large land content providing potential to increase yield or alternate uses including child care/medical (STCA)
• A short walk to Ormond Train Station and extensive retail
• Ormond has a strong median house price of $1,697,500^ supporting luxury townhouse projects
• A townhouse product strategically meeting a high demand segment of the market in one of Melbourne’s premier suburbs
*Approximate. ^realestate.com.au
Sold.
For further information please contact:
Julian Heatherich – 0412 995 6...
Benson Zhou – 0458 488 8...
Key attributes of this opportunity are:
• Large 2,044sq m* corner landholding
• Extensive combined street frontage of 91 metres*
• General Residential Zone 1
• Approved permit and endorsed plans for 14 luxury townhouses
• High quality townhouse product with no basement and large private open spaces
• Large land content providing potential to increase yield or alternate uses including child care/medical (STCA)
• A short walk to Ormond Train Station and extensive retail
• Ormond has a strong median house price of $1,697,500^ supporting luxury townhouse projects
• A townhouse product strategically meeting a high demand segment of the market in one of Melbourne’s premier suburbs
*Approximate. ^realestate.com.au
Sold.
For further information please contact:
Julian Heatherich – 0412 995 6...
Benson Zhou – 0458 488 8...
Ormond, 3204 demographic data
The median household income for Ormond is $2,062, 8% higher than Greater Melbourne's household income of $1,901. Ormond has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 52% of property owners in Ormond have a mortgage.
8,328
Population
$2,062 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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181 McKinnon Road,McKinnon, VIC 3204 90 m²Shops & Retail • Offices • Development Sites & Land
